BSE: 0 | NSE: LRRPL | Rubber Products | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Lead Reclaim And Rubber Products Ltd is a average quality company.
The key valuation ratios of Lead Reclaim And Rubber Products Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Lead Reclaim And Rubber Products Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 18.9% | 20.7% | 18.7% | 10% | 8.6% | - |
| Value Creation Index ⓘ | 0.4 | 0.5 | 0.3 | -0.3 | -0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 4.8 | 7 | 10.3 | 8.8 | 14.8 | 15 |
| Sales YoY Gr. | - | 47.6% | 46.3% | -15% | 68.6% | - |
| Adj EPS ⓘ | 11.6 | 7.3 | 1.5 | 1.1 | 0.5 | 0.5 |
| YoY Gr. | - | -37.5% | -80% | -22.6% | -55.8% | - |
| BVPS (₹) ⓘ | 5.6 | 12.9 | 8.2 | 14.7 | 15.3 | 15.2 |
| Adj Net Profit ⓘ | 0.4 | 0.2 | 0.5 | 0.8 | 0.4 | 0 |
| Cash Flow from Ops. ⓘ | 0.7 | 0.5 | -0.4 | -0.5 | 0.4 | - |
| Debt/CF from Ops. ⓘ | 5.4 | 7.5 | -6.6 | -5.7 | 11 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 28% | 68.6% | ||||
| Adj EPS ⓘ | NA | NA | -59.1% | -55.8% | ||||
| BVPSⓘ | NA | NA | 5.8% | 3.5% | ||||
| Share Price | - | - | - | 113.1% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 208.1 | 78.9 | 31.1 | 12.2 | 3.4 | 3.3 |
| Op. Profit Mgn % ⓘ | 23.1 | 17 | 11.8 | 13.1 | 11.7 | NAN |
| Net Profit Mgn % ⓘ | 7.6 | 3.2 | 4.9 | 9.5 | 2.5 | 2.5 |
| Debt to Equity ⓘ | 21.6 | 9.8 | 1 | 0.3 | 0.4 | - |
| Working Cap Days ⓘ | 0 | 116 | 118 | 259 | 246 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 25 | 35 | 93 | 80 | 0 |
Sales growth is growing at healthy rate in last 3 years 28.02%
Debt to equity has declined versus last 3 years average to 0.37
Return on Equity has declined versus last 3 years average to 3.30%
Net Profit has been subdued in last 3 years -59.05%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0.5 | - |
| TTM Sales (₹ Cr.) | 14.8 | - |
| BVPS (₹.) ⓘ | 15.2 | - |
| Reserves (₹ Cr.) ⓘ | 4 | - |
| P/BV ⓘ | 6.49 | - |
| PE ⓘ | 196.44 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 72.7 |
| Equity (₹ Cr.) | 7.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 34.5 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 4.77 | 7.04 | 10.30 | 8.76 | 14.77 |
| Operating Expenses ⓘ | 3.67 | 5.84 | 9.09 | 7.61 | 13.04 |
| Manufacturing Costs | 1.13 | 1.57 | 2.25 | 2.09 | 2.37 |
| Material Costs | 2.17 | 3.61 | 5.77 | 4.68 | 9.26 |
| Employee Cost | 0.15 | 0.22 | 0.32 | 0.37 | 0.60 |
| Other Costs ⓘ | 0.23 | 0.44 | 0.75 | 0.47 | 0.81 |
| Operating Profit ⓘ | 1.10 | 1.20 | 1.21 | 1.15 | 1.73 |
| Operating Profit Margin (%) | 23.1% | 17.0% | 11.7% | 13.1% | 11.7% |
| Other Income ⓘ | 0.06 | 0.03 | 0.07 | 0.19 | 0.11 |
| Interest ⓘ | 0.32 | 0.34 | 0.24 | 0.26 | 0.49 |
| Depreciation ⓘ | 0.42 | 0.36 | 0.36 | 0.39 | 0.60 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.43 | 0.52 | 0.68 | 0.69 | 0.75 |
| Tax ⓘ | 0.07 | 0.29 | 0.18 | -0.14 | 0.38 |
| Profit After Tax | 0.36 | 0.23 | 0.50 | 0.83 | 0.37 |
| PAT Margin (%) | 7.6% | 3.2% | 4.9% | 9.5% | 2.5% |
| Adjusted EPS (₹) | 11.6 | 7.3 | 1.5 | 1.1 | 0.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.17 | 0.40 | 2.81 | 10.82 | 11.19 | |||||
| Share Capital ⓘ | 0.20 | 0.20 | 2.22 | 7.34 | 7.34 | |||||
| Reserves ⓘ | -0.03 | 0.20 | 0.59 | 3.48 | 3.85 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 3.63 | 3.74 | 2.69 | 2.64 | 3.78 | |||||
| Long Term Debt | 3.63 | 3.65 | 0.03 | 0.14 | 1.03 | |||||
| Short Term Debt | 0 | 0.09 | 2.66 | 2.50 | 2.75 | |||||
| Trade Payables | 1.04 | 1.01 | 0.98 | 1.02 | 3.23 | |||||
| Others Liabilities ⓘ | 0.09 | 0.70 | 0.50 | 0.57 | 0.70 | |||||
| Total Liabilities ⓘ | 4.93 | 5.85 | 6.98 | 15.05 | 18.90 | |||||
Fixed Assets | ||||||||||
| Gross Block | 6.76 | 6.86 | 7.27 | 7.68 | 11.02 | |||||
| Accumulated Depreciation | 3.71 | 4.07 | 4.44 | 4.83 | 5.42 | |||||
| Net Fixed Assetsⓘ | 3.05 | 2.79 | 2.83 | 2.85 | 5.60 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 1.90 | 0.62 | |||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | |||||
| Inventories | 0.80 | 1.08 | 1.83 | 3.32 | 4.51 | |||||
| Trade Receivables | 0.57 | 0.91 | 0.41 | 0.77 | 2.29 | |||||
| Cash Equivalents | 0.08 | 0.39 | 0.18 | 1.85 | 1.24 | |||||
| Others Assetsⓘ | 0.44 | 0.68 | 1.73 | 4.36 | 4.64 | |||||
| Total Assets ⓘ | 4.93 | 5.85 | 6.98 | 15.05 | 18.90 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.70 | 0.53 | -0.41 | -0.47 | 0.38 |
| PBT ⓘ | 0.43 | 0.52 | 0.67 | 0.69 | 0.76 |
| Adjustment ⓘ | 0.65 | 0.65 | 0.51 | 0.44 | 0.89 |
| Changes in Working Capital ⓘ | -0.37 | -0.65 | -1.58 | -1.44 | -1.11 |
| Tax Paid ⓘ | 0 | 0 | -0.01 | -0.16 | -0.16 |
| Cash Flow From Investing Activity ⓘ | 0 | -0.08 | -0.34 | -4.77 | -2.09 |
| Capex | -0.06 | -0.10 | -0.41 | -2.49 | -1.85 |
| Net Investments | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.06 | 0.03 | 0.07 | -2.28 | -0.24 |
| Cash Flow From Financing Activityⓘ | -0.80 | -0.14 | 0.56 | 6.91 | 1.10 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 2.02 | 8.03 | 0 |
| Net Proceeds from Borrowing ⓘ | 1.39 | 0.02 | -3.61 | 0.10 | 0.89 |
| Interest Paid ⓘ | -0.29 | -0.32 | -0.21 | -0.24 | -0.40 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -1.90 | 0.15 | 2.36 | -0.98 | 0.61 |
| Net Cash Flow ⓘ | -0.09 | 0.31 | -0.19 | 1.67 | -0.61 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 208.13 | 78.86 | 31.13 | 12.18 | 3.36 | |||||
| ROCE (%) | 18.93 | 20.74 | 18.68 | 10.01 | 8.6 | |||||
| Asset Turnover Ratio | 0.97 | 1.31 | 1.61 | 0.8 | 0.87 | |||||
| PAT to CFO Conversion(x) | 1.94 | 2.3 | -0.82 | -0.57 | 1.03 | Working Capital Days | ||||
| Receivable Days | 44 | 39 | 23 | 25 | 38 | |||||
| Inventory Days | 61 | 49 | 52 | 107 | 97 | |||||
| Payable Days | 176 | 104 | 63 | 78 | 84 | |||||
The company was incorporated as Lead Amber Microtech Limited on October 31, 2012 under the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli and commenced business from November 10, 2012. The name of the Company was changed to Lead Reclaim and Rubber Products Limited vide Special Resolution passed in the Extraordinary General Meeting dated December 28, 2013. The fresh certificate of incorporation consequent to name change was issued on December 31, 2013 by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli.
Lead Reclaim and Rubber Products is in the business of manufacturing of reclaimed rubber, crumb rubber powder and rubber granules. The company focuses on a) saving valuable natural resources by way of recycling; and b) helping its customers fulfil their circularity aspirations through use of its reclaimed rubber products. The company is one of the few companies in its reclaimed rubber industry that can process radial rubber, scrap tyre and tube rubber. The company’s manufacturing facility employs an extensive and stringent quality control mechanism at each stage of the recycling process to ensure that its finished product conforms to the exact requirement of its customers. The company’s manufacturing facility is accredited with ISO 9001:2015 certifications for quality management system. It is also the member of Rubber Manufacturers’ Welfare Association.
Business area of the company
The company manufactures premium quality reclaimed rubber, crumb rubber powder and rubber granules. Its product portfolio offers a diversified product range which includes variety of grades, thickness, widths and standards of various grades of whole tyre reclaim rubber, butyl reclaim rubber and natural reclaimed rubber. Currently, it sells its products to OEM’s, Tier I companies in the automotive manufacturing sector, distributors and dealers. It also sells its products to foreign buyers located in Sri Lanka, Argentina, Turkey, China, etc. through merchant exporters.
Key Awards, Achievements and Accolades
Major events and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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